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planned
Official procurement procedure

Market Engagement of Payments Roadmap Technology Delivery Partner (TDP)

IT services: consulting
software development
Internet and support
UK
Published value
£30,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: BANK OF ENGLAND: "Market Engagement of Payments Roadmap Technology Delivery Partner (TDP)". Published status: planned. Published value: £30,000,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityBANK OF ENGLANDScope & CategoriesNot publishedSubmission Window
planned
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£30,000,000
Bidder Intelligence · Authority Profile: BANK OF ENGLAND
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for BANK OF ENGLAND. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
15.1Bids / Report
7.1% of reports have one bid
Supplier ConcentrationHigh Concentration
ESOTEC LTD.Top vendor: 91.8% of attributable value
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 179 active published awards; 28 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority:
Supplier NameHistoric AwardsAttributable GBP Value
ESOTEC LTD.1 win£4,163,656
Bureau Veritas UK Limited1 win£175,000
Piller UK Limited2 wins£104,344
3VRM LIMITED1 win£95,000
Procedure terms
Contracting AuthorityBANK OF ENGLAND
Procedure methodNot published
Procurement categoryNot published
Statusplanned
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published14 Jul 2026, 16:03 BST
Last source update14 Jul 2026, 16:03 BST
Recurring procurementNot published
ClassificationIT services: consulting, software development, Internet and support
Delivery area
UK
OCIDocds-h6vhtk-067e7e
What is being bought
The Bank of England launched the new RTGS system successfully in April 2025. After a year of maintenance and support, enhancements have been identified to ensure the system is running as effectively as possible. The TDP is required to work alongside the Bank of England to align the core settlement product family and to deliver these strategic enhancements. The Bank plans to explore the options from the market along with how the TDP and enhancements could be procured. Particular suitability: -Understand what capabilities exist in the market for payments, payment processing, AMH and SWIFT messaging. -Assess how suppliers support end‑to‑end innovation in payment messaging. -Identify scalable and flexible approaches that can support future regulatory, operational, and technology change -Inform subsequent discovery and procurement activity This Notice is for information only. The information contained in this notice, including information relating to the nature and scope of the requirements, the estimated value, the service classification of this requirement and the list of CPV codes, is only indicative of current thinking and is neither exhaustive nor binding and the Authority reserves the right at its absolute discretion to amend it at the time of issue of any further notices or at any other time. The publication of this notice in no way obliges the Authority to commence any competitive tender process. The Authority is not and shall not be liable for any costs incurred by those expressing an interest in participating in this premarket engagement exercise.
What changed
From the official release history
  1. Published value updated to £30,000,000
    14 Jul 2026, 16:03 BST
  2. Official notice release published
    14 Jul 2026, 16:03 BST
  3. Published value updated to £25,000,000
    9 Apr 2026, 09:26 BST
  4. Status changed to planned
    9 Apr 2026, 09:26 BST
  5. Official notice release published
    9 Apr 2026, 09:26 BST
  6. Buyer information updated
    9 Apr 2026, 09:26 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    planned
    Published valueNot published
    The source published no individual title or description for this lot.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Pipeline notice
    14 Jul 2026, 16:03 BST
  2. Procedure published
    14 Jul 2026, 16:03 BST
  3. engagement
    28 Jul 2026, 23:59 BST · scheduled
    The Bank of England (Authority) would like Service Providers to express their interest in premarket engagement before 3pm on Tuesday 28th July 2026 by sending an email to RTGSCommercial.Mailbox@bankofengland.co.uk. Please title your e--mail "Market Engagement of Payments Roadmap Technology Delivery Partner CD-2337" and include the following detail in your message: - Quoting Reference - 'Market Engagement of Payments Roadmap Technology Delivery Partner CD-2337' - Full name - Company/organisation name - Contact details (E-mail and phone number) In return we will send you a Non-Disclosure Agreement (NDA) to sign and, following receipt of an NDA, an invitation to a premarket engagement event.
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

BANK OF ENGLAND

Contracting authority GB-COH-RC000042
View buyer profile
Documents (1)
Official links; attachments are not copied
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleNot published